Wall Street Needs More Than Money to Counter Mamdani

“When Zohran Mamdani was elected mayor of New York City last year, many on Wall Street kept quiet, waiting to see how the Democratic socialist would govern,” the Wall Street Journal reports.

“Now, after his protégés and allies swept primary elections this week, some of the city’s business elites are springing into action—at least, that’s what they plan on doing.”

“The Democratic Socialists of America picked up even more victories for local races, signaling that an anticapitalist and anti-Israel message was winning over voters in much of the city.”